Tesla again threatens to sue Cybertruck buyers who try to resell the cars
- Thread starter JournalBot
- Start date
If Tesla framed it that way when they took your money, possibly. Unfortunately, they've already framed itas order and reservation fees.
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The Cybertruck: a vehicle by and for dipshit memelords with a long track record of speculating on the value of nonsense and getting burned as a result.
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I’m of two minds about this. On one side, there’s nothing wrong about a contractual resale restriction, and it’s hard to criticize the motive of restricting scalpers. On the other hand, there are legitimate reasons for a car buyer to have to get rid of it within the first year: job change (including job loss), family situation, a sudden move abroad, etc. In that context, imposing a resale cap of $50K on a $120K car seems unreasonable. Why aren’t they capping it at the purchase price?
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There are some pics of a Dodge 4MS (used in The Wraith) that has similar lines.
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You know, we really could have used clauses like this in GPU sales a couple of years ago...
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There are unique legal issues surrounding coops, since the transaction is a purchase of corporate shares, and a private corporation can refuse transfers in their shares for basically any reason except related to protected-class.
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If Elon doesn't want owners to resell their Cybertruck all he has to do is to show the crash test results to potential buyers.
The windshield is guaranteed to shatter in a million pieces right onto your face.
View: https://www.youtube.com/watch?v=vLKor7Aven4
The windshield is guaranteed to shatter in a million pieces right onto your face.
View: https://www.youtube.com/watch?v=vLKor7Aven4
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I was going to make a crack about wanting a pitchfork in Elon Musk, but then I realised you said "your", not "the".
Never mind, as you were, carry on.
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I saw one on the street today. It was across the intersection and the headline (not a typo) looked weird. I was wondering what this thing was and hoped it was one. Turned into the intersection and there it was in all its stupid glory.
It looks incredibly stupid.
It is not interesting, outside of its inanity. I feel dumber for having seen it. We are diminished by it.
It looks incredibly stupid.
It is not interesting, outside of its inanity. I feel dumber for having seen it. We are diminished by it.
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Probably not. It's pretty common for landlords to require a non-refundable application fee before you can tour an apartment or see the lease terms.
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Not necessarily. Real estate, and particularly HOAs, are frequently governed by different laws than vehicle sales. For a ridiculous example, it's not a legal requirement to have a functioning CO2 detector in your car before you sell it, but that is a legal requirement for selling a house under some state law.
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JonnyOneNote
Ars Centurion
By dropping their dump truck into the middle of the Lincoln Center plaza, all Tesla did was prove how ridiculous their truck looks, especially when surrounded by architecture that has stood the test of time.
Tesla's dump truck will be history within 10 years, if not sooner. The Lincoln Center, on the other hand, will still be here.
Tesla's dump truck will be history within 10 years, if not sooner. The Lincoln Center, on the other hand, will still be here.
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$122k for a cybertruck (likely with many wrinkles left in it)? Can the buyer be sued for gross stupidity???
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If you are dumb enough to want to order this Homerian monstrosity, just consider the $250 fee an excise tax on stupidity, like a lottery ticket.
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Moot point, as far as I'm concerned. Tesla can't do anything to prevent me from selling one of their products because they can't force me to buy one.
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So you're trying to tell me, not only is one idiot going to buy this ugly pile of hugely overpriced chrome, but that idiot might try to sell it to another idiot and if he does, the idiots who made the thing in the first place get it back? Save your money and time, and just leave it in the hands of the idiots who built it and buy a Rivian - not only do you get better range and speed, but they look nice too!
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Not to be the devils advocate and Tesla deserves every bit of flak it gets, but resellers and scalpers can go die in a fire (/s).
As others have said, other manufacturers have done it before. Tesla just went about it in a very inelegant way. Then again I'm not sure there is an elegant way to do this...
But I'm all for it if these clauses ensure there are enthusiast cars available from the manufacturers instead of a bunch of greedy pricks who just happend to buy up all of the supply and resell it at double the price.
As others have said, other manufacturers have done it before. Tesla just went about it in a very inelegant way. Then again I'm not sure there is an elegant way to do this...
But I'm all for it if these clauses ensure there are enthusiast cars available from the manufacturers instead of a bunch of greedy pricks who just happend to buy up all of the supply and resell it at double the price.
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Not 100%. But it's not completely clear. Especially if the fact that it's not on the public version of the purchase contract, and only shows up after you've put down a deposit, means it might qualify as a bait and switch.
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OK, just checked the model 3 cost 38990USD without any tax reduction. It was announced many years back(2013) with a price tag of 35000USD.
Did they miss their goal.
Person A:
Of course they did!
Person B:
No! If you compare with inflation and then also include the tax reduction then it is much cheaper than 35000 USD.
You choose who to be. I guess it will be similar for the cyber truck. First sell the expensive version, and then when they have done the ramp up then start selling the cheap one and also start adjusting prices.
I prefer that they keep lowering their prices instead of increasing them. I know it is not in the interest of the consumers already bought the car due to higher depreciation, but it is better for the majority since the competitors also starts lowering their prices and that is overall best for the consumers.
You can more or less buy any electric car ~10.000 usd cheaper than a year ago (at least here in Europe) that is good!
Did they miss their goal.
Person A:
Of course they did!
Person B:
No! If you compare with inflation and then also include the tax reduction then it is much cheaper than 35000 USD.
You choose who to be. I guess it will be similar for the cyber truck. First sell the expensive version, and then when they have done the ramp up then start selling the cheap one and also start adjusting prices.
I prefer that they keep lowering their prices instead of increasing them. I know it is not in the interest of the consumers already bought the car due to higher depreciation, but it is better for the majority since the competitors also starts lowering their prices and that is overall best for the consumers.
You can more or less buy any electric car ~10.000 usd cheaper than a year ago (at least here in Europe) that is good!
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I could just write a rent contract where the rentee will pay the desired full selling price for the first month , and then nothing after that. Additionally, after rent period of 12 months, the ownership will be transeferred at no cost. Barring some liability issues, this would seem to agree to the letter of the contract signed with Tesla?
Additionally, how would Tesla find out if I sell the car?
Additionally, how would Tesla find out if I sell the car?
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Musk has an easy out on that - it's about the kiddie driver version. The Tonka sized version is even slightly less.
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The legal principle of exhaustion (of the original seller's rights) might have something to say about attempts to restrict the buyer's right to re-sell the product.
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I wonder what would happen if you take out a loan to buy the car and then default on the loan? Would this clause prevent the bank from auctioning off the repo'd car? Same thing if the car was seized by authorities for some illegal activity, or a number of other similar scenarios.
Almost seems like a "unstoppable force hits an immovable wall" situation.
Almost seems like a "unstoppable force hits an immovable wall" situation.
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I wouldn't be surprised if it happened by June 2024 if he wants to sell any of the Tesla Edsels.
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Just about everything about this vehicle is controversial. I am beginning to think it's all good for Tesla in the long run. Reference:
"All publicity is good publicity" ~ Phineas T. Barnum.
The more I look at the Cybertruck, the more I see:
For good and bad.
"All publicity is good publicity" ~ Phineas T. Barnum.
The more I look at the Cybertruck, the more I see:
For good and bad.
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It doesn't, which is probably why you're still collecting so many downvotes long after people had to opt-in to your whinge.
Correct, they were downvoted for writing falsehoods.
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Im no musk fan, but they’re trying to prevent scalpers from driving the price through the roof on the secondary market. I support this. People did this with lots of desirable cars during Covid (RAM TRX etc) and it’s infuriating.
With luxury goods like watches etc, it prevents the company from having to make a bunch more to flood to the market to meet this false demand, once everything cools down the, the value of the thing diminishes because there’s more on the market than the actual demand which damages the brand.
Anything to stop scalping, I support. Scalpers suck.
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Next it will be like software license to use it. It’s a little like a very very expensive lease.
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Given his politics I'm absolutely sure that Sorbo has signed up for a PanzerWank. Assuming he can still afford one, given his 'washed up 2nd rate actor' status.
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Then either make it so that until Dec 2024 (or whatever future date we assume marks the point where the 2nd-hand value is lower than retail) you can only lease-with-option-to-buy, or have it so people pay 80% of the price now, with the final 20% being owed by Dec 2024.
If they want some say in how people use these, fine, but that ain't free.
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To answer your last question: I believe via the app... if you were the buyer, you would have to create your Tesla account, if you don't have one already, and then the seller would transfer the car somehow from one account to another. I am not sure if one can do that themselves, or you need to call Tesla support to transfer a vehicle. I am sure that Tesla can see this transfer, even if the seller initiates it.
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In the UK, the distance-selling regulations (which this would be covered under) require a 14-day cooling off period after the order is placed, during which the buyer can back out at any time and will get their money back (minus any fees charged - which are required to be 'fair and reasonable' and the vendor has to justify the fees charged. So no charging a £5000 back-out fee on something that sells for £6000..)
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